A licensed asset management company in South Africa is for sale. The firm is a licensed asset manager under the Financial Sector Conduct Authority (FSCA) in South Africa. Originally established in 2015 as part of a broader financial services group focused on stockbroking, the asset management division remained dormant but fully compliant with regulatory requirements. Under the guidance of a highly experienced leadership team, the firm is now well-positioned to launch as a fully operational discretionary asset and fund manager.
Despite its dormancy, the company maintained full FSCA compliance and operational integrity, holding valid Category I and II licenses that authorize it to offer discretionary investment management services.
The firm is financially sound and administratively compliant, with robust internal controls, established banking relationships, and effective reporting systems in place. It is now fully prepared to commence operations and enter the discretionary asset management space, leveraging both its regulatory readiness and professional expertise.
Details will be provided upon signing the NDA. The price of the business will be determined through negotiations with a willing buyer.
The information in the catalog is not an exact offer. The parameters of the deal are specified during negotiations with the seller.